INDUSTRIES DEPTT LEADS THROUGH COVID HIT 2020 WITH PATH BREAKING INITIATIVES

 INCLUDING RIGHT TO BUSINESS ACT, DISINVESTMENT OF PSIDC REALISING RS 40.90 CRORES

CHANDIGARH, DECEMBER 27: Riding on a spree of initiatives, the Punjab Industries Department has provided massive relief to state industries ravaged by disastrous pandemic.

The industries department has acted proactively after Covid hit and initiated several measures including Punjab Right to Business Act, 2020, New Telecom guidelines 2020, District Reform Action Plan 2019-20 besides achieving Disinvestment of PACL realising Rs 40.90 crores, Industries Minister Sunder Sham Arora here today.

The Department was able to achieve the disinvestment of 33.35 % stakes of PSIDC PACL successfully during the year, Arora added.

Elaborating further on other major achievements, the Minister said that the New telecom Guidelines 2020 aligned with ROW Rules of Government of India were notified after approval from CMM and is expected to increase investment in telecom sector in the state, ease of doing business for telecom infrastructure providers and improving connectivity in the state.

Facilitating functioning of industries during Covid-19 pandemic, the Department facilitated the functioning of Industries during Covid-19 pandemic as per the guidelines issued by Department of Home Affairs & justice. General Managers, District Industries Centre facilitated the industries by granting permission/curfew passes. As on today 2, 37, 118 out of 2, 59, 799 of Pre-Covid time units are functional, he added.

Further, to ease the regulatory burden on newly incorporated Micro Small Medium Enterprises (MSME) in the State of Punjab, Punjab Right to business Act, 2020 was notified on 6.2.2020 after approval from State legislative Assembly on 17.1.2020 and subsequently, the Punjab Right to business rules, 2020 were notified on 29.07.2020, the Cabinet Minister remarked.

Under this Act, District Bureau of Enterprise has been empowered to issue Certificate of in-Principal Approval within 3/15 working days to new MSME Units being set up in industrial parks/industrial Zone respectively.

For improving the Ease of Doing Business at the district level and eliminating the physical touch points between an entrepreneur and district level functionaries all 45 reforms under the District Reform Action Plan mandated by DPIIT have also been implemented.

Besides, the DPIIT has mandated the State Reform Action Plan (SRAP) 2020 under which 285 reforms out of 301 have been Implemented in the State so far. In view of the Covid crisis faced by the industry, one last time opportunity was extended to Industrial Units for migration from FIIPR-2013 to Industrial & Business Development Policy, 2017 provided they exercise this option till 31.12.2020.

A Bulk Drug Pharma park in an area of 1300 acre involving project cost of about 1800 Crore has been proposed at Bathinda under the scheme of GoI and project has been submitted to Government of India for approval in October.

A green field project with the aim to give an impetus to the emerging need of the Pharma sector in the region in an area of 130.32 acres in village Wazirabad, Fatehgarh Sahib. The project will cater the growing demand of a wide variety of APIs, Formulations cropped up during the COVID-19 Pandemic Gram Panchayat Land of 130.32 acres has been procured and physical possession has also been taken over. CLU has been obtained. Layout has been finalized. A proposal was submitted under TIE scheme of MoCI, GoI for availing the financial assistance of Rs. 20.00 Cr. Preparation of DPR including specification/Cost Estimate of the project is in progress. The cost estimate of the boundary wall has been received and is under scrutiny.

For up gradation of Industrial Focal Points, PSIEC is taking up 17 projects under MSE-CDP Schemes of MoMSME. The total projects cost amounts to Rs. 146.22 Crores Approximately. Out of 17 projects, 04 projects are at advance stage and about to be completed shortly, whereas the works of 08 projects are in progress at site. For the remaining 05 projects, the funds are yet to be received from GoI and due to which the work is yet to be started.

Sewage Treatment Plants are being set up and upgraded in 5 IFPs of Punjab under Trade infrastructure for Export Scheme of MoCI, Goi. Projects with a total cost amounting to Rs. 29.00 Cr. have got the final approval from GoI.

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